UK watchdog investigates Global Payments' $24 billion purchase of Worldpay
FILE PHOTO: Commuters walk as the sun rises behind Tower Bridge and the Canary Wharf financial district, in London, Britain, April 11, 2025. REUTERS/Isabel Infantes/File Photo
Britain’s Competition and Markets Authority (CMA) on Tuesday launched a merger inquiry into Global Payments’ $24.25 billion acquisition of Worldpay assessing whether the deal could potentially lessen competition in UK markets.
The CMA has set a deadline of November 11 to reach its Phase 1 decision.